Ex-Jefferies Managing Director Litvak Gets Two-Year Sentence
Jesse Litvak, a former managing director at Jefferies & Co., right, exits federal court in New Haven, Connecticut, U.S., on Wednesday, July 23, 2014. Litvak, deemed an "elite" fraudster by prosecutors for being the only person convicted of fraud over a $20 billion government bailout program, was sentenced to two years in prison for lying to customers about mortgage-backed securities. Photographer: Douglas Healey/Bloomberg via Getty Images
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452571054
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Bloomberg
Date created:
23 July, 2014
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LITVAK TRIAL